Question
Which of the following correctly describes the effect of declaring a 2:1 stock split? The number of shares outstanding decreases while the par value of
Which of the following correctly describes the effect of declaring a 2:1 stock split?
The number of shares outstanding decreases while the par value of each share increases
Total stockholders' equity decreases
The number of shares outstanding increases while the par value of each share decreases
Total stockholders' equity increases
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New Perspectives In Accounting Ethics
Authors: Emerald Group Publishing Limited
23rd Edition
1785608673, 9781785608674
